Blockchain Daily News

Edition 16, 25.07.2017

OMG Section!?!!

According to federal court documents, detectives from the Northampton Township Police Department north of Philadelphia began tracking the unemployed 30-year-old earlier this month after fielding a complaint from Price’s girlfriend’s parents about stolen laptops. But what started out as an alleged deadbeat boyfriend boosting valuables quickly accelerated into a wilder situation — and one with considerable more money involved.

FAO: Looks like we keep needing this “OMG Section” in each bulletin. Don’t even want to think this is normal…What’s next? How can “market actors” improve the security of digital assets? Send us your thoughts here.

DNT: Wow!! Totally agree with Florin! This type of news tends to become a constant.

Deals, Investments & M&As

Several factors would be responsible for the Ether price to rise organically to $400 again or even higher in coming weeks. One of them would be a result of the roles of the startups whose ICOs reportedly brought down the price in the first place.

It’s first important to note that the market cap of BTC is just north of $37bn and the second highest, Ether (ETH) is at $18bn. In addition, 24h trading volume for BTC is c $1.2bn and ETH is c$1.6bn, thus demonstrating that these cryptocurrencies are becoming a popular medium for investment, transactions and speculation.

Latest Developments & Agreements

TenX is pitching its debit card as an instant converter of multiple digital currencies into fiat money: the dollars, yen and euros that power most everyday commerce. The company said it takes a 2 percent cut from each transaction and has received orders for more than 10,000 cards. While transactions are capped at $2,000 a year, users can apply to increase the limit if they undergo identify verification procedures.

DNT: Hmm, sounds interesting, in the effort to make Bitcoin mainstream..but with all the recent cyber security issues, there are some question marks.

FAO: Touche! Decebal’s opinion is more than pertinent. Hmmm…I wonder, will they introduce a customer service too!?!